Nonprofit · EIN 71-0683553
SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · BENTON, AR 72015
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $140,939 | $110,722 | $30,217 | $409,550 | $3,592 | $405,958 |
| December 31, 2024 | 990-EZ | $125,855 | $102,965 | $22,890 | $379,333 | $3,592 | $375,741 |
| December 31, 2023 | 990-EZ | $124,961 | $120,934 | $4,027 | $356,140 | $3,289 | $352,851 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $128,850
- Program service revenue
- $0
- Investment income
- $12,089
Expenses
- Compensation of officers, directors and key employees
- $55,680
- Salaries, compensation and benefits (total)
- $58,445
- Professional fees and payments to contractors
- $2,940
- Occupancy
- $2,400
- Printing, publications and postage
- $88
- Other expenses
- $46,849
Balance sheet and other
- Total assets, start of year
- $379,333
- Total assets, end of year
- $409,550
- Total liabilities, end of year
- $3,592
- Net assets, end of year
- $405,958
- Cash, savings and investments
- $409,550
- Gross receipts
- $140,939
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAMONT CORNWELL | EXECUTIVE DIRECTOR | 1 | $54,240 |
| CHRISTY PETERSON | SECRETARY | 3 | $1,440 |
| SHANE BROADWAY | PRESIDENT | 5 | $0 |
| JORDAN WOOLBRIGHT | TREASURER | 3 | $0 |
| JAMES ZAHND | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
| DEE FISER | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
| BILL HOPE | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
| DAVID HOPKINS | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAMONT CORNWELL | EXECUTIVE DIRECTOR | 1 | $54,240 |
| CHRISTY PETERSON | SECRETARY | 3 | $1,440 |
| JORDAN WOOLBRIGHT | TREASURER | 3 | $1,200 |
| SHANE BROADWAY | PRESIDENT | 5 | $0 |
| JAMES ZAHND | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
| DEE FISER | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
| BILL HOPE | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
| DAVID HOPKINS | EXEC. COMMITTEE MEMBER AT LARGE | 1 | $0 |
990-EZ for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAMONT CORNWELL | EXECUTIVE DIRECTOR | 1 | $54,240 |
| SHANE BROADWAY | PRESIDENT | 5 | $0 |
| DEE FISER | VICE PRESIDENT | 3 | $0 |
| JORDAN WOOLBRIGHT | TREASURER | 3 | $0 |
| JAMES ZAHND | EXEC. COMMITTEE MEMBER AT LARGE | 3 | $0 |
| BILL WHITE | DIRECTOR | 1 | $0 |
| CHARLES BEST | DIRECTOR | 1 | $0 |
| JIM VILLINES | DIRECTOR | 1 | $0 |
| DAN MOUDY | DIRECTOR | 1 | $0 |
| GARY JAMES | DIRECTOR | 1 | $0 |
| DAVID HOPKINS | DIRECTOR | 1 | $0 |
| DAVID HANNAH | DIRECTOR | 1 | $0 |
| NATHAN HUNNICUTT | DIRECTOR | 1 | $0 |
| BILL HOPE JR | DIRECTOR | 1 | $0 |
| CARLTON BILLINGSLEY | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 607 N MARKET ST, BENTON, AR 72015-3739
- Signed the 990-EZ
- LAMONT CORNWELL, EXECUTIVE DIRECTOR
- Phone
- (501) 860-4007
- Return prepared by
- JORDAN C WOOLBRIGHT CPA PA
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN SALINE COUNTY, ARKANSAS
Program accomplishments
- PROMOTING ECONOMIC DEVELOPMENT IN SALINE COUNTY, ARKANSAS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 71-0683553
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $409,550
- Income (IRS master file)
- $140,939
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $140,939 | $110,722 | $409,550 | IRS |
| 990-EZ | December 2024 | $125,855 | $102,965 | $379,333 | IRS |
| 990-EZ | December 2023 | $124,961 | $120,934 | $356,140 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-0683553).
Questions about SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION is 71-0683553.
- Is SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
- Are donations to SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 2 received compensation from the organization, the highest $54,240 (LAMONT CORNWELL, EXECUTIVE DIRECTOR).
- How much revenue does SALINE COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $140,939, expenses of $110,722 and total assets of $409,550 at year end.
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- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 71-0823520 · last filed 990 for 2025
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